Humn, founded in 2018 and headquartered in the United Kingdom, is a dynamic player in the intersection of AI, Data Analytics, and Insurtech. Recently acquired by Aon in January 2024, Humn has been pivotal in revolutionizing car insurance through real-time driving data analysis. Its flagship product, Rideshur, integrates a comprehensive model fusing environmental and behavioral data, resulting in a 65% reduction in accidents and offering up to 20% savings on insurance premiums.
The company has been aggressive in its mission to improve road safety, further emphasized by its venture into the autonomous vehicle space with the development of the world's first A.V. insurance solution. Recognized for its innovation, the company has secured two U.K. government grants and raised over £30m in investment funding, with a notable Series A investment of £10.10M in October 2021. Key investors include Shell Ventures, Hambro Perks, Woodside Holdings, and BXR Group.